Tag: domestic scrap procurement prices

Japan: Tokyo Steel further cuts scrap buying prices by JPY 500/t ($3/t)

Sep 9, 2024

—

by

Adarsh Ramteke

in Melting Scrap

Tokyo Steel has reduced domestic scrap procurement prices for the fifth consecutive time in September, effective from 10 Sep’24, with a total drop of JPY 2,000/t ($14/t) till now. Prices are now at: Tahara, Okayama, Kansai, and Kyushu plants: JPY 44,000/t ($307/t). Takamatsu, Utsunomiya plants: JPY 43,000/t ($300/t). Nagoya plant: JPY 42,500/t ($297/t).